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Jose Antonio
José Antonia lives in the city of Ibarra, capital of Imbabura province, located in the northern part of the Ecuadorian highlands. The city has 181,175 inhabitants and is the center for economic development in northern Ecuador.

The city has a unique wealth of culture and nature, so it is a very important tourist area of the country. The city is known for "helados de paila" (fruit sorbets), that because of their uniqueness retain the flavor of natural fruit. This has made them famous around the country. Ibarra is also known for a blackberry sweet called "arrope." The city's climate is sub-tropical, with a temperature that varies between 12°C and 32°C.

José Antonio is 62. He lives with his wife Zoila, 51, and his two children. In spite of only having finished primary school, he was apprenticed as a shoe-maker, and with his experience in the area, 40 years ago he opened his shop making footwear. Since then, he has worked every day of the week to keep his business going.

Because of the dedication he puts into his work, José has several customers, especially military academies. José Antonio has faith that his business can grow. However, he has had no luck getting credit to invest in it. Therefore he is applying to Kiva for a loan so that he can buy more raw material, produce more shoes and increase his income.

He plans to buy leather and shoe soles. In this way he will improve his family's quality of life and offer his children a better future.
View original language description ↓
José Antonia reside en la ciudad de Ibarra, capital de la provincia de Imbabura, ubicada al norte de la Sierra ecuatoriana. La ciudad cuenta con 181.175 habitantes y es el centro de desarrollo económico del norte del Ecuador. La ciudad tiene una riqueza única de cultura y naturaleza, por lo tanto es una zona turista muy importante del país. La ciudad es conocida por el helado de paila que por su peculiar forma de ser mantienen un sabor a fruta natural que los han hecho famosos alrededor del país. Ibarra también es conocida por un dulce de mora conocido como arrope. El clima de la ciudad es sub tropical con una temperatura que varía de 12°C a 32°C.

José Antonio de 62 años de edad vive con su esposa Zoila de 51 y sus dos hijos. A pesar de solo haber terminado sus estudios primarios, él fue aprendiz de un zapatero, y con su experiencia en el área abrió su negocio de elaboración de calzado hace 40 años. Desde entonces, trabaja todos los días de la semana para sacar al negocio adelante. Por la dedicación que pone a su trabajo, José tiene varios clientes especialmente academias militares. José Antonio tiene fe en que su negocio puede crecer. Sin embargo, no ha tenido suerte recibiendo crédito para invertir en su él. Por lo tanto, solicita un crédito a Kiva para poder comprar más materia prima, producir más zapatos, e incrementar sus ingresos. El planea comprar cuero y suelas. De esta manera mejorará la calidad de vida de su familia y brindará un mejor futuro para sus hijos.

Additional Information

About Fundación Alternativa

Fundación Alternativa encourages entrepreneurship and provides sustainable financial and non-financial services that promote social and economic development in Ecuador. The organization focuses on serving poor and excluded populations through analysis of clients' living conditions and by providing business training and other support services in urban, rural and marginalized parts of the country.

About Ecuador

  • $10,200
    Average annual income
  • 19
    View loans »
    Ecuador Loans Fundraising
  • $22,853,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Expired
A loan of $1,625 helped Jose Antonio to be able to buy more raw materials.
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 12, 2012
Listed
Jul 20, 2012
Currency Exchange Loss:
N/A
Expired:
Aug 19, 2012